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Expect to work with new govt to battle inflation: Raghuram Rajan

Posted on : May 30, 2014

RBI Governor, Raghuram Rajan, speaking at a seminar in Tokyo, said the new government's plan to curb food inflation seems sensible.

Raghuram Rajan faces pro-growth boss in Modi

Posted on : May 30, 2014

Hailed as a troubleshooting "James Bond" of central bankers amid India's currency crisis last year, Raghuram Rajan was given a licence to kill inflation with higher interest rates and drive a programme of monetary policy reforms.

Finance Ministry plans a holding company to raise debt, equity for PSBs

Posted on : May 30, 2014

FinMin estimates these banks would need about Rs 1.25-1.5 lakh crore over the next five years to meet Basel III norms and fund future growth plans.

El Nino delays rain, may spell trouble for Modi govt

Posted on : May 29, 2014

The agriculture ministry has made frantic preparations and planned for short-duration crops that can withstand low rainfall.

El Nino delays rain, may spell trouble for Modi govt

Posted on : May 29, 2014

The agriculture ministry has made frantic preparations and planned for short-duration crops that can withstand low rainfall.